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SV03: Obsidian Flames Charizard ex #223: PSA 9 vs PSA 10

SV03: Obsidian Flames Charizard ex #223 shows a wide gem-mint premium between PSA 9 and PSA 10: a $608 dollar gap, with the gem mint multiplier at 4.8x. Based on a recent PSA 10 sale of $803.53 on May 29, 2026, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.

SV03: Obsidian Flames Charizard ex #223
PSA 10
$767.07
Last sale $803.53 on
PSA 9
$158.58
Last sale $172.38 on
PSA 8
$108.08
Last sale $113.50 on

The Spread

The PSA 9 to PSA 10 spread on Charizard ex #223 SV03: Obsidian Flames.

$608
Dollar gap, PSA 9 to PSA 10
4.8x
PSA 10 sells for 4.8x a PSA 9

Three-Outcome EV Calculator

15%
70%
15%
Defaults are conservative starting points. Adjust based on the specific slab. A borderline 9 with strong centering plays differently than a 9 with edge wear.
PSA 10 outcome (sale price minus resub minus acquisition) $0
PSA 9 outcome (regrade, no upgrade) $0
PSA 8 outcome (downgrade, slower sell, tied capital) $0
Expected Value
$0
Math favors holding the 9

Where this card lands in the broader SV03: Obsidian Flames picture: a non-holo with a $608 gap between PSA 9 and PSA 10. The PSA 9 to PSA 10 jump on WOTC-era cards reflects population scarcity at the top grade, not raw print run.

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